Buying now .. sell later
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The Exchange will also have at least 20 trading pairs and the major cryptocurrencies also being paired with AABB Gold (AABBG) token. With the recent rise in gold, and decline of major cryptocurrencies, AABBG has become a promising currency. As gold increases in price, so does the minimum price of AABBG, making it an ideal store of value investment and future method of payment for purchase transactions.
thinking the same..
$AABB longs $$$
couldnt have said it better my friend!
truth! Cant make all the money behind the screen $AABB
nice link here
ready for it $$$
After several months of development, the Exchange completion timeline is on path for testing in mid-August with the live Exchange launch expected in early September. At that time, users will have two forms of exchange available for transactions. The Quick Exchange will allow for the rapid trade of one currency for another at the best offered price and the Advanced Exchange will allow users to manually set buy or sell orders at a selected price.
AABB’s other mining project at Colima, Mexico, is currently awaiting special permitting at any time to continue moving forward rapidly with the first phase of operations development to expand the infrastructure, conduct further geophysics capture, initiate a drilling exploration program and build site preparations for facilities installations.
The Company’s mining property acquisition strategy is to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success. In 2020, the Company diverted from its acquisition strategy to explore a property diversification initiative and pursued several potential development projects, a gold property in Colombia and a Lithium property in Mexico. After significant exploration activities and evaluations, both properties were deemed to be not feasible for rapid development and were discontinued due to pandemic and property characteristic limitations. Irrespectively, the Company is actively searching for new high potential mining property acquisitions and anticipates future announcements in that regard.
agreed, a lot more to come imo $AABB
thanks hows your morning
we will see nice end week here imo $AABB
nice find, hows it going anita
AABB is continuing its due diligence on several high potential property acquisitions in Mexico at Los Reyes and Acaponeta-Bonanza. The Los Reyes project is currently awaiting the second phase assays results from exploratory drilling samples and Bonanza is currently conducting the second phase of exploratory drilling and expects to have the assay results in the coming weeks. The Company is committed to ensuring the optimal allocation of development capital in deciding to acquire either property, which requires an extensive due diligence and evaluation period. However, this preliminary work will accelerate the operations advancement toward production subsequent to acquisition. The Company expects to have the necessary assessment information on both properties by September and will make the acquisition decisions at that time.
Many new features have been added to the Exchange development to expand functionality, usability and market penetration including the web version, Spanish language version and a new Exchange website. Additionally, the continued development subsequent to the Exchange launch is planned to allow for the implementation of various modules for brokers, the issuance of crypto-secured loans and credit/gift cards and connection to retail chains.
LAS VEGAS, Sept. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has worked diligently over the summer months and achieved numerous development milestones in preparation for the soon to be launched proprietary cryptocurrency exchange (the “Exchange”). AABB management and the development team are thrilled with recent progress of the Exchange project in anticipation of the forthcoming launch.
"I am very excited about expanding our business throughout the Caribbean, and I look forward to building a number of these stores. I also want to express my appreciation for our management team, which has outperformed the board's expectations. We now have two stores under construction, and we are looking for three more store sites in other parts of the Caribbean."
"We are expecting explosive growth in the Caribbean, and we see extremely high demand for this kind of an enterprise," said Mark Vanterpool, President and CEO, who founded K-Mark's Foods (1996) Limited, a subsidiary of OM Holdings International, Inc. since 2020.
"I am very excited about expanding our business throughout the Caribbean, and I look forward to building a number of these stores. I also want to express my appreciation for our management team, which has outperformed the board's expectations. We now have two stores under construction, and we are looking for three more store sites in other parts of the Caribbean."
Since completing its reverse merger in May 2021, OMHI has announced five new stores, all under construction, with planned openings beginning October of this year. Additionally, in July 2021, OMHI completed its first acquisition, Rydeum Caribbean, its new technology subsidiary, and completed its first contract, with Jamaica's largest taxi union. Rydeum Caribbean has developed a platform to connect local, established businesses with consumers through an on-demand mobile app.
"I think the OM Holdings business model is outstanding and exactly what the Caribbean needs, both for its residents and visitors," said Bob Barbieri. "The growth potential of this story, which combines a decentralized B2C Local On-Demand Technology (LODE-TECH) Platform with a bricks-and-mortar operation, is unlimited. I look forward to opening the new stores, and I am confident with the help of this stellar management team that we will develop and implement an expansion plan that takes OMHI across the Caribbean."
"We are growing at an incredible clip, and Bob Barbieri brings us the experience we need to manage our current growth while planning its next phase," said Mark Vanterpool, CEO of OM Holdings International. "We have five stores currently under construction, and Bob's role will be to make sure we finish all of these stores on schedule and within budget, and that we begin driving revenue at each store by year-end. We are thrilled to have someone with such extensive public equities experience helping guide us as we grow beyond the British Virgin Islands and become a regional retail and technology enterprise and public entity."
Mr. Barbieri is a Partner at TechCXO and was Senior EVP and CFO Operations and Performance Officer at Lawson Software, where he positioned the firm as the world's third-largest public ERP company; he led Lawson through its IPO process, which achieved more than $2 billion in valuation.
MIAMI, FL / ACCESSWIRE / September 1, 2021 / OM Holdings International, Inc. (OTC PINK:OMHI), an operator of superstores in the Caribbean, today announced the appointment of Bob Barbieri as Chief Operating Officer. Bob Barbieri is a finance and operations partner who leverages his experience, knowledge and skills as a Chief Financial Officer, Board Member/Advisor, Chief Executive Officer and Chief Operating Officer to help growth-stage technology, software/SaaS/cloud, services and healthcare IT companies in the USA.
The Rydeum platform can be adapted for many business-to-consumer (B2C) and peer-to-peer (P2P) business needs, and OMHI intends to approach third-party vendors in Jamaica to expand the use of DoGetGo throughout the country.
As part of the agreement, the Rydeum team will train JUTA employees and users to help ensure the seamless integration and adoption of DoGetGo as part of JUTA's current model.
"This is the first agreement between a taxicab union and a mobile app technology provider in the region, and we're thrilled to be at the vanguard of contactless transportation and delivery in the Caribbean."
"This acquisition helps us navigate the competitive environment in several ways," said OMHI CEO Mark Vanterpool. "We can continue to bring the highest quality products, services and convenience to our existing and future customers. This is now at their fingertips through their smartphones. The technology will help us to gain efficiencies, increase our strategic options, reduce our costs and substantially increase our profits."
These exclusive agreements allow Rydeum Caribbean, Inc. to efficiently launch LODE-TECH in 27 additional Caribbean countries at a fairly rapid pace. Rydeum Technologies, Inc. is in the process of applying for three U.S. patents for a novel decentralized architecture which will have the ability to power multiple Local On-Demand Economies, allowing numerous local businesses to onboard and many customers to obtain transportation, delivery, and professional services via a single mobile app.
Rydeum Caribbean, Inc., which was acquired from Rydeum Technologies, Inc., for an undisclosed amount of cash and stock, is developing a platform to connect multiple established businesses with local consumers through an on-demand mobile app.
"With construction underway our management team is aggressively looking for several additional sites in the Caribbean to build comparable stores. Prior to the virus, BVI alone had 400,000 visitors who stayed an average of seven days; coupled with a population of 50,000 permanent residents, this makes BVI very attractive for growth."
"OM Holdings, Inc. combines the strength of a leading Caribbean retail store with a highly experienced management team, and we expect to significantly expand and grow the company over the next few years," said Mark Vanterpool, Chairman of OM Holdings.
On May 18, 2021, OM Holdings International announced it had completed a reverse merger and had become profitable with the acquisition of OneMart, the second-largest grocery and merchandise store in BVI.
"Although the pandemic has slowed down the availability of building materials, we are still confident we will open the store in December and be ready for the Christmas holidays," said Mark Vanterpool, CEO of OM Holdings International, Inc. "I would like to thank all the local vendors and contractors who have been extremely helpful during the pandemic so we can open in December 2021. We are incredibly pleased with our progress, which is thanks to our great management team. We are aggressively looking at several additional sites for new stores."
progress $$
ready for $OMHI longs $$
hows it going Mr W
The Store will occupy 6,000 square feet and will carry every grocery product available at OneMart, plus general merchandise mariners and yacht crews may need. The Store will also offer a full line of fresh baked goods and coffee and freshly made sandwiches.
MIAMI, FL / ACCESSWIRE / August 5, 2021 / OM Holdings International Inc. (OTC PINK:OMHI) an owner and operator of delivery services and retail stores in the Caribbean with a proprietary mobile app, today announced a 25-year-lease of a building at Wickham's Cay II in Road Town, Tortola, BVI.